Economy, asked by mayanv8301, 1 year ago

what is franchising?


rahimkhan2: he

Answers

Answered by hohololo
8

a franchise is a business opportunity that allows the franchisee to start your business by legally using someone else's  expertise, ideas, and processes.


mayanv8301: ok
silenteyeArun: mayanv. which class u study
mayanv8301: what do u want?
silenteyeArun: nothig i am asking only
mayanv8301: hmm ok
silenteyeArun: so tell me
rahimkhan2: hellp
mayanv8301: 1st year
rahimkhan2: ok
Answered by ayush70094
2
Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchiser licenses its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee.
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